Bitcoin Price Outlook: Strive’s BTC Accumulation Could Accelerate Momentum

Strive has continued its Bitcoin accumulation, purchasing 4,045 BTC worth approximately $335 million last week as the cryptocurrency trades near $81,000. According to Lookonchain, the company acquired 15,462 BTC worth $1.27 billion over the past two months. The purchases come as the Bitcoin price approaches a critical weekly close, with traders monitoring whether the price can hold $80,400 support or recover above $82,500 resistance. The combination of corporate buying and a vulnerable technical structure puts Bitcoin’s next move in focus. According to Lookonchain, Strive purchased 4,045 BTC last week at an average price of $82,803.

Source: TronWeekly